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[PDF] Top 20 Measuring output gap uncertainty

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Measuring output gap uncertainty

Measuring output gap uncertainty

... unobserved output gap using many component bivariate vector autoregressive (VAR) ...the output gap, and auxiliary assumptions (such as lag lengths and break ...single output gap ... See full document

26

Effects of Inflation on Output Gap: A MRS-IV Approach

Effects of Inflation on Output Gap: A MRS-IV Approach

... Inflation uncertainty has a regime dependent impact on output gap: inflation uncertainty has a significant negative impact on output gap during the high volatility regime, but no ... See full document

21

The Comparison of the Recent Crises in Turkey in terms of Output Gap

The Comparison of the Recent Crises in Turkey in terms of Output Gap

... the gap: The first important constituent of this definition is that it refers to GNP, rather than gross domestic product ...potential output concept refers to “the natural level of output” ... See full document

22

Potential Output, Output Gap and Fiscal Stance: is the EC estimation of the NAWRU too sensitive to be reliable?

Potential Output, Output Gap and Fiscal Stance: is the EC estimation of the NAWRU too sensitive to be reliable?

... potential output and the output gap. But potential output and its components, like the NAWRU, are not observable and must be ...Potential output is a very useful concept and is a ... See full document

16

Real time representations of the output gap

Real time representations of the output gap

... measured output gap rising above zero in early 1997, peaking in 2000q2 at close to 2%, before falling to ...These gap measures relate to periods when ‘true’ output data is available ...the ... See full document

37

Which Output Gap Measure Matters for the Arab Gulf Cooperation Council Countries (AGCC): The Overall GDP Output Gap or the Non Oil Sector Output Gap?

Which Output Gap Measure Matters for the Arab Gulf Cooperation Council Countries (AGCC): The Overall GDP Output Gap or the Non Oil Sector Output Gap?

... This section presents the empirical results obtained from the different statistical methods of measuring the output gaps of the AGCC countries. One noteworthy feature of the empirical results is that a ... See full document

39

Measurement of instantaneous and average 
		values of phase angle using precision voltmeter

Measurement of instantaneous and average values of phase angle using precision voltmeter

... When measuring the angle between two phase voltages, which are reproduced by a three-phase calibrator, the influence of two main sources of uncertainty (the periodic oscillation of the output ... See full document

9

Inside the “Upside Down”: Estimating Ireland’s Output Gap

Inside the “Upside Down”: Estimating Ireland’s Output Gap

... Testing the complexity of an estimation process is also desirable. It can have implications for how informative estimates are in terms of their drivers. Complexity can also be a useful predictor of the likelihood of ... See full document

30

Real time representations of the output gap

Real time representations of the output gap

... the output gap highlight the different effects of revisions in published data and of differences in the use of ...future output levels will be helpful in measuring the trend at the end of the ... See full document

35

Driving forces of the Swiss output gap

Driving forces of the Swiss output gap

... the output gap estimation allows a detailed analysis of ...the output gap is mainly driven by the UIP shock and foreign output ...the output gap over almost the whole ... See full document

39

Output gap and inflation nexus: the case of United Arab Emirates

Output gap and inflation nexus: the case of United Arab Emirates

... One of the fundamental objectives of monetary policy authorities in both developed and developing countries is to maintain price stability. The crucial role of this goal cannot be underestimated since it has significant ... See full document

30

Real time representation of the UK output gap in the presence of trend uncertainty

Real time representation of the UK output gap in the presence of trend uncertainty

... the output gap, i.e. the difference between the economy’s actual output level and its potential or trend level, is central to much applied macroeconometric work and to the analysis of monetary policy ... See full document

37

Output Gap Estimation Uncertainty: Extracting the TFP Cycle Using an Aggregated PMI Series

Output Gap Estimation Uncertainty: Extracting the TFP Cycle Using an Aggregated PMI Series

... As of the Autumn 2010 forecasting exercise, the EU Commission has adopted a bivariate Kalman Filter (KF) model for the decomposition of TFP into its trend and cyclical components. The KF model replaced the Hodrick ... See full document

18

Measuring the natural output gap using actual and expected output data

Measuring the natural output gap using actual and expected output data

... the gap, a common element, at least among those approaches that makes some reference to economics, is the idea that the trend against which the gap is measured is the output level that would pre- ... See full document

38

Estimating the output gap in the Polish economy: the VECM approach

Estimating the output gap in the Polish economy: the VECM approach

... The direct estimation of the production function using the OLS (in which the simultaneous-equation model is reduced to one-equation) does not seem to be a proper method for at least two reasons. Firstly, the ... See full document

30

An Examination of the Crop Acreage Allocation Decision Process under Uncertainty

An Examination of the Crop Acreage Allocation Decision Process under Uncertainty

... under uncertainty indicates that the non-negativity of own-compensated acreage effects will depend upon 1) price and yield risk (direction and magnitude), 2) expected values of price and yield, and 3) the relative ... See full document

11

Water Balance in Corixa Dentipes (Thoms ) (Hemiptera, Heteroptera)

Water Balance in Corixa Dentipes (Thoms ) (Hemiptera, Heteroptera)

... The water output, as estimated by measuring the ammonia output and ammonia concentration of the rectal fluid, was shown to be appreciable but no connexion was found between the output of[r] ... See full document

12

Estimating Output Gap for Pakistan Economy:Structural and Statistical Approaches

Estimating Output Gap for Pakistan Economy:Structural and Statistical Approaches

... potential output for Pakistan’s economy to observe demand/supply pressures over ...of output gap with each other through the common sample correlation and statistical summary analysis in Table ... See full document

34

Is there too much certainty when measuring uncertainty

Is there too much certainty when measuring uncertainty

... inflation uncertainty measures, which could be called theoretical ...forecast uncertainty, it is desirable to forecast inflation using methods similar to those that were actually available to most ... See full document

53

Output Gap Estimation for Inflation Forecasting: The Case of the Philippines

Output Gap Estimation for Inflation Forecasting: The Case of the Philippines

... The BSP’s research agenda and institutional plans reflect a strategy for enhancing model- ing capacity over the next five (5) years. The accuracy and performance of the current crop of models are assessed on an on-going ... See full document

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